Bollinger Band Breakout Positional Strategy- BN -15M by ramstox
By ramstox
Performance Metrics
- Author: ramstox
- Symbol: NSE:BANKNIFTY
- Timeframe: 15 minutes
- Net P&L: +140,436.80 NONE (+140.44%)
- Win Rate: 48.7%
- Profit Factor: 2.748
- Max Drawdown: 10,456.25 NONE (5.39%)
- Total Trades: 187
- Sharpe Ratio: 1.004
Description
This strategy consists of following criteria: Buy: 1. Candle should have RSI is above 60 and Close above Bollinger band upper limit2. Exit When candle is closed below 20MA Sell: 1. Candle should have RSI is above 40 and Close below Bollinger band lower limit2. Exit When candle is closed above 20MA Checkout results.